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Accelerating B2B Cross-Border Payments: Boost Payment Solutions and TransferMate Join Forces

The Fintech Times

As a result of the new collaboration, Boosts cross-border payment solution for enterprise-level business, Boost 100XB, will be combined with TransferMates globally regulated payments infrastructure to help increase industry-wide commercial card usage and adoption. They will also have access to over 140 currencies. .

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Boost Payment Solutions Partners With Transfermate to Enhance Cross-border Payment Capabilities

Fintech Finance

Boost Payment Solutions , a global leader in B2B payments, today announced a partnership with international payment pioneer TransferMate that is designed to address the growing demand for cross-border payments. based BINs to expand the reach of those programs into cross-border payments. Leavitt, Founder and CEO of Boost Payment Solutions.

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Why Corporates Are Rethinking The Commercial Card For Payment

PYMNTS

For digital laggards, the coronavirus pandemic will serve as a harsh wake-up call regarding the importance of digitization and automation, with commercial cards uniquely positioned to address many of the pain points companies face today in these unprecedented times. A Surge In Commercial Card Interest.

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Virtual Commercial Cards May Guide A New Future For Business Travel

PYMNTS

But companies large and small are still making purchases, and with the pandemic fueling the need for contactless payments, commercial card technology adoption is on the rise. With commercial card adoption growing even before the pandemic, an increasing number of T&E technology firms began to step into the world of card issuing.

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Turning Commercial Card Credit Lines Into SMB Cash Flow Lifelines

PYMNTS

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. And with the pandemic all but wiping out business trips, the commercial card could be at a crossroads.

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UK Retailers Press For Commercial Card Interchange Fee Caps

PYMNTS

However, missing from much of this regulatory debate is the issue of interchange fees on commercial cards. ” Part of that simplification should include the addition of commercial cards under swipe fee caps, he added. ” The Commercial Card Debate. Now, European retail groups want that to change.

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Commercial Cards: It’s All About The Data

PYMNTS

Leavitt, founder and CEO of Boost Payment Solutions , this is among the largest priorities for today’s accounts receivable departments, and commercial cards are stepping up to meet that demand. The drive for payment information is a key factor behind suppliers’ gradual path toward commercial card acceptance.